“Smart cities leverage innovative technologies to make urban living as friendly as possible; parking space optimization is a vital component of a smart city program,” says Chad Randall, Chief Operating Officer at IPS Group. “When successful, it ensures easy access to parking for motorists.”
Powered by the 4G LTE network, IPS Group is the only manufacturer within the parking industry to offer a fully-integrated system that consolidates the management of all parking peripherals into a single, web-based portal, the IPS Data Management System (DMS).
Smart cities leverage innovative technologies to make urban living as friendly as possible; parking space optimization is a vital component of a smart city program
The fully-integrated solution by IPS helps customers manage resources more efficiently while improving the customer experience. Mobile apps such as the IPS-engineered PARK SMARTER™ help navigate motorists to available parking; vehicle detection sensors provide cities with real-time occupancy data; and Smart Parking meters with the latest in contactless payment technologies make the act of paying for parking easier than ever before.
In order to better manage parking turnover, the City of Los Angeles has partnered with IPS to introduce Smart Parking meters and a demand-based parking rate structure as part of LA Express Park™. Following the installation of smart meters, the city realized a 99 percent uptime—dramatically reducing the number of complaints citywide. Further, the number of contested citations decreased 75 percent. Enhanced payment options such as credit card and contactless now constitute one-third of parking revenue.
“We strive to innovate in ways that will reshape the role of parking and consumer interaction within urban environments. At IPS Group, we are committed to pushing the boundaries of what is possible,” says Randall.